If the US economy is improving as the Obama Administration claims, then why are thousands of stores closing their doors to the public and why do sales figures continue to decline for retailers all across the country?
Most of the apocalyptic collapse that we are witnessing today is because of the slow and steady death of the middle class consumer. Median household income is declining, and bills keep on piling. This means that the amount of disposable income that the average American has is shrinking, and that’s bad news for retailers.
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Categories: Breaking News, Government & Politics
We will not recover EVER without at least repeal of NAFTA/GATT. Fed Res authorities know very well what is taking place, they will say about anything but tell us the truth. I look forward to, pray for, the day when I will be proven wrong on these matters.